Zion Oil & Gas Inc (ZNOG): How to make money trading ZN. ZN support...

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Monday, 08/03/2020 8:52:35 AM

Monday, August 03, 2020 8:52:35 AM

How to make money trading ZN. ZN support at 40 cents and resistance 60 cents. Calls are selling for 25 to 35 cents over 50% profit. Don't sell ZN, buy ZN cheap at 40 cents and then sell covered Sept/Dec/Jan/Mar call for profit! If ZN doesn't go over $1.00 by Sept and ZN goes to the OTC marketplace, all your sold calls are pure profit. If ZN goes over $1.00 by Sept 2020 to meet Nasdaq's listing requirement, then you just made all the profit from holding ZN from 40 cents to $1.00 and you also get to keep your profit from selling your call at 25-35 cents!

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